The great high street outage of 2025 December 24, 2025 On paper, British high streets have seen worse. Footfall has survived recessions, pandemics and price shocks before, and tills were just about still ringing. But this year it flickered, stalled and, in some cases, went dark – brought to its knees by a wave of cyber attacks that exposed the fragility of retail in the [...]
Wrexham-based Chetwood Bank takes on London rivals with £1bn jump in deposits December 23, 2025 Chetwood Bank has seen a near-£1bn jump in customer deposits as the Wrexham-based business wrestled market share from London fintech rivals. The Welsh digital bank, owned by US investment fund Elliott, posted a £960m increase in customer deposits in the year to March, bringing them to £3.8bn, a rise of just over a third, according [...]
The year in law: Scale, survival, and the surge of the transatlantic titans December 23, 2025 From the birth of new transatlantic titans to a government-led rescue of the litigation funding market, 2025 has seen the City’s legal landscape rewritten by a relentless pursuit of scale and a newfound reliance on the machine. The legal sector started the year with US President Donald Trump attacking the industry, as Trump vs Big [...]
Modon Holding Forms Joint Venture With Related Companies and Panepinto Properties to Deliver Harborside 4, a Luxury Residential Tower Along the Waterfront in the Heart of Downtown Jersey City December 22, 2025 Modon acquires a majority equity stake in Harborside 4, a prime 54-story development scheme in downtown Jersey City which will deliver 800 luxury rental apartments and condos in Q1 2029 Joint venture with Related and Panepinto supports Modon’s ongoing strategy to diversify its global portfolio through high quality investments and strong international partnerships
In pictures: City of London sets record-breaking year for skyscrapers December 22, 2025 The City of London Corporation received a record-breaking number of applications for skyscrapers this year as demand for premium office space continues to grow in the capital. To meet future demand, the authority has laid out a goal to build an extra 1.2m sqm of new office space over the coming years. The Square Mile will [...]
Central London Alliance Launches Podcast to Debate London’s Opportunities and Obstacles for Growth December 19, 2025 London, [19 December] – Central London Alliance CIC, a leading community interest company dedicated to supporting the sustainable recovery of London’s business, hospitality, cultural, tourism, and retail sectors, today announces the launch of its new podcast series – London Talking: a platform for in-depth discussions on the challenges and opportunities shaping the capital’s growth prospects. [...]
Goldman Sachs corporate chief: Investing in entrepreneurs is the single most powerful way to drive growth December 18, 2025 Each week, we dig into the memory bank of the City's great and good. Today, Charlotte Keenan. head of corporate engagement at Goldman Sachs, takes us through her career.
Elliott turns the page on London’s IPO drought with Waterstones listing plan December 18, 2025 Elliott Management is preparing a multibillion-pound flotation of Waterstones and Barnes & Noble, with a listing expected next year and London edging out New York as the preferred venue. The US hedge fund has reportedly begun sounding out advisers ahead of a potential IPO, with banks likely to be appointed in early 2026. While no [...]
How Christmas lights give London its sparkle December 18, 2025 London’s festive lights, a tradition since 1954, are integral to the capital’s economic and social vitality, says Karen Baines When London switched on its first festive lights along Regent Street in 1954, few could have imagined how profoundly they would come to define the season. That gesture lit the way for a much-loved tradition that [...]
Business rates overhaul to hit Square Mile hotels as row continues December 18, 2025 Hotels in the Square Mile are set to be among the hardest-hit by the property revaluations which have sparked a clash between the hospitality sector and the government. The business rates overhaul, introduced in the November Budget, will see the property values that determine this tax more than double across leading hotels in the City [...]